Hannover House closes 10-picture deal with ROKU for U.K., Ir Hannover House, Inc. (OTC: HHSE) has finalized the placement of ten films from the company's library with ROKU, for release into the U.K. and Ireland. The sale was initiated during the Cannes market in May and finally closed this week.
Titles licensed under the agreement include "Savage Land," "Future Shock," "Samurai: The Last Warrior" and seven others. ROKU is looking at over one hundred additional titles from the Hannover House library for possible licensing into these two territories in the future.
"This is great news for our program suppliers and shareholders," said Desiree Garnier, president of the Hannover House MyFlix division. "As video-on-demand outlets continue to expand worldwide, the international sales and licensing rights within the Hannover House library will see significantly greater monetization over the years," she concluded.
Hannover House has over four-hundred titles in the company's library of distribution or sales agency rights, which licensing grants are primarily limited to the North American territory. However, all original productions from Hannover House, and many third-party licensed titles, also include international distribution and sales rights.
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